At-Bay’s Post

98% of cyber claims come from businesses under $2B in revenue - and we're finally getting clarity on their risk profiles. A recent whitepaper from At-Bay and Guy Carpenter reveals how limited historical data on SMB security postures has left CAT models struggling to assess cyber risk accurately. In fact, this will form part of the session that Emma Ye and Jess Fung will present at our Summit in March. The problem? Current models are built around large enterprise profiles, but SMBs have completely different risk patterns. This mismatch makes it tough for insurers to deploy capital effectively in the SMB market. The solution? At-Bay's data shows how incorporating different security controls and approaches can transform our understanding of SMB cyber risk and reduce tail loss significantly. You can read all about it here: https://lnkd.in/gGCEVwF9 Kudos to Emma Ye and Yoshifumi Yamamoto, Ph.D. from At-Bay, and Jess Fung and Richard McCauley from Guy Carpenter for this essential research. You can catch Emma and Jess present this research at our 12th Annual CAT Risk Management & Modeling Summit. Check the comment section for a link to register! #catriskmodeling #catrisklondon #catriskmanagement